Acceptable Assets definition

Acceptable Assets means (1) New York Stock Exchange (NYSE), American Stock Exchange (AMEX), or National Association of Securities Dealers Automated Quotation (NASDAQ) securities with a market value of greater than or equal to $5.00 per share; (2) debt issues of the United States government, or any of its agencies; (3) debt issues with a Xxxxx’x rating of no less than “Baa,” or a Standard & Poor’s rating of no less than “BBB”; (4) preferred shares with a Standard & Poor’s rating of “A” or higher; (5) shares of registered open-end or closed-end investment companies; (6) shares of unit investment trusts issued by registered investment companies; and (7) shares of exchange traded funds issued by registered investment companies.
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Acceptable Assets means, as of any date, (i) New York Stock Exchange (NYSE), American Stock Exchange (AMEX), and National Association of Securities Dealers Automated Quotation (NASDAQ) securities with a market value of greater than or equal to $5.00 a share; (ii) debt issues of the United States government, or any of its agencies; (iii) debt issues with a Xxxxx’x rating of no less than Baa3, or a S&P rating of no less than BBB-; (iv) preferred stocks with a Xxxxx’x rating of no less than A2, or a S&P rating of no less than A; (v) shares of registered open-end and closed-end investment companies; (vi) shares of unit investment trusts issued by registered investment companies; and (vii) shares of exchange traded funds issued by registered investment companies (excluding exchange traded funds with any leverage).
Sample 1Sample 2Sample 3
Acceptable Assets means (i) New York Stock Exchange (NYSE), American Stock Exchange (AMEX), and National Association of Securities Dealers Automated Quotation (NASDAQ) securities with a market value of greater than or equal to $5.00 a share; (ii) debt issues of the United States government, or any of its agencies; (iii) debt issues with a Xxxxx’x rating of no less than “Baa”, or a S&P rating of no less than “BBB”; (iv) preferred stocks with an S&P rating of “A” or higher; (v) shares of registered open-end and closed-end investment companies; (vi) shares of unit investment trusts issued by registered investment companies; and (vii) shares of exchange traded funds issued by registered investment companies.
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Examples of Acceptable Assets in a sentence

  • The Borrower will (a) defend the Acceptable Assets against all claims and demands of all Persons at any time claiming the same or any interest (other than a Permitted Lien) therein, and (b) do whatever the Agent may reasonably request, from time to time, to effect the terms of this Agreement and the other Credit Documents, including cooperating with the Agent’s representatives; keeping records; and paying claims which might, if unpaid, become a Lien (other than a Permitted Lien) on the Acceptable Assets.

  • CSTC will follow the directions of the Account Holder or the Investment Manager to acquire or hold Conditionally Acceptable Assets only after analysis of CSTC’s administrative capabilities and the business risk involved in holding the particular assets in question.

  • Assets are considered to be Acceptable Assets depending on the adequacy of CSTC’s ability to support and administer the asset, CSTC’s powers and duties over the asset, the type of account, business risk, and other factors.

  • Xxxxxxx Printed Name: Xxxx Xxxxxxx Title: EVP, Human Resources, Legal & Business Affairs THE XXXXXXX XXXXXX TRUST COMPANY Trustee By: /s/ Xxxxxxx Dallas Printed Name: Xxxxxxx Dallas Title: Trust Officer THE XXXXXXX XXXXXX TRUST COMPANY INVESTMENT GUIDELINES FOR TRUST AND CUSTODY ACCOUNTS INVESTMENT GUIDELINES Acceptable Assets.

  • Seller has acquired, and on the --------------------------------- Closing Date Buyer will acquire, good and marketable title to the Acceptable Assets and Loans, free and clear of all Encumbrances.

  • Seller shall cause a bixx xf sale substantially in the form attached hereto as Exhibit 3.1 and an inventory of the Acceptable Assets effecting such transfer to be delivered to Buyer and shall cause a general warranty deed of ownership for the parcel of real property adjacent to the Branch Office, as set forth in more detail in Exhibit 2.2.A to be delivered to Buyer.

  • CSTC will follow the directions of the Account Holder or the Investment Manager to acquire or hold Conditionally Acceptable Assets only after analysis of CSTC's administrative capabilities and the business risk involved in holding the particular assets in question.

  • There is no action, suit or proceeding pending against ---------- Seller, or to the knowledge of Seller threatened against or affecting Seller, before any court or arbitrator or any governmental body, agency or official which relates to the Branch Office taken as a whole (including the Acceptable Assets, Loans and the Target Deposits), the ability of Seller to perform its obligations under this Agreement, or in any manner questions the validity of this Agreement.

  • At the Closing, Seller agrees to ----------------------------------- assign to Buyer all of Seller's right, title and interest in and to the Branch Office, including Acceptable Assets set forth on Exhibit 2.2A.

  • Delivery to Buyer of the instruments of transfer of ownership contemplated by this Agreement will vest good and marketable title to the Acceptable Assets and Loans in Buyer, free and clear of all Encumbrances.


More Definitions of Acceptable Assets

Acceptable Assets means Equity Interests in any MGO Group Member and/or any ListCo Group Member.
Sample 1
Acceptable Assets means the building, land, furniture and fixtures, safe deposit boxes (exclusive of contents) and bank equipment (including ATM), except software relating to branch teller and platform automation equipment (which may be included with the consent of the software providers), as set forth in Exhibit 2.2A at the amount set forth therein. Acceptable Assets shall also include (i) the Lease and (ii) the parcel of land adjacent to the Branch Office as set forth in more detail in Exhibit 2.2A.
Sample 1

Related to Acceptable Assets

  • Eligible Assets means the instruments in which the Fund may invest as described in Exhibit B to this Agreement, which may be amended from time to time with the prior written consent of the Purchaser.

  • Eligible Asset An Asset:

  • Fitch Eligible Assets means the assets of the Company set forth in the Fitch Guidelines as eligible for inclusion in calculating the Agency Discounted Value of the Company’s assets in connection with Fitch’s ratings then assigned on any series of the MRP Shares.

  • Acceptable Collateral means any of the following assets of Borrower, if (x) held in or credited to any Collateral Account subject to a first priority Lien under the applicable Security Agreement and (y) the Collateral Requirement has been satisfied with respect thereto:

  • Acceptable Appraisal means, with respect to an appraisal of Inventory, the most recent appraisal of such property received by Agent (a) from an appraisal company satisfactory to Agent, (b) the scope and methodology (including, to the extent relevant, any sampling procedure employed by such appraisal company) of which are satisfactory to Agent, and (c) the results of which are satisfactory to Agent, in each case, in Agent’s Permitted Discretion.

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Net Tangible Assets means the total of all assets (including revaluations thereof as a result of commercial appraisals, price level restatement or otherwise) appearing on the Company’s balance sheet, net of applicable reserves and deductions, but excluding goodwill, trade names, trademarks, patents, unamortized debt discount and all other like intangible assets (which term shall not be construed to include such revaluations), less the aggregate of the Company’s current liabilities appearing on such balance sheet. For purposes of this definition, the Company's balance sheet does not include assets and liabilities of its subsidiaries.

  • Tangible Assets means assets consisting of land, buildings and plant, machinery and equipment;

  • Replacement Assets means (1) tangible non-current assets that will be used or useful in a Permitted Business or (2) substantially all the assets of a Permitted Business or a majority of the Voting Stock of any Person engaged in a Permitted Business that will become on the date of acquisition thereof a Restricted Subsidiary.

  • Acceptable Waste means ordinary household, municipal, institutional, commercial and industrial Solid Waste including, but not limited to, the following:

  • Consolidated Net Tangible Assets means the total assets of the Company and its Restricted Subsidiaries (less applicable depreciation, amortization, and other valuation reserves), less all current liabilities (excluding intercompany liabilities) and all intangible assets of the Company and its Restricted Subsidiaries, all as set forth on the most recent consolidated balance sheet of the Company and its Restricted Subsidiaries, prepared in accordance with GAAP.

  • Consolidated Tangible Assets means, at any particular time, the aggregate amount of all assets (less applicable reserves and other properly deductible items) after deducting therefrom all goodwill, trade names, trademarks, patents, unamortized debt discount and expenses (to the extent included in said aggregate amount of assets) and other like intangibles, as set forth on the most recent consolidated balance sheet of the Parent Guarantor and its consolidated Subsidiaries and computed in accordance with GAAP.

  • Total Tangible Assets at any date of determination, the total amount of assets of the Guarantor and its Subsidiaries (without duplication and excluding any asset owned by the Guarantor or any Subsidiary that represents an obligation of the Guarantor or any other Subsidiary to such Subsidiary or Guarantor) after deducting therefrom all goodwill, trade names, trademarks, patents, licenses, copyrights and other intangible assets.

  • Other Rating Agency Eligible Assets means assets of the Company designated by any Other Rating Agency as eligible for inclusion in calculating the Agency Discounted Value of the Company’s assets in connection with such Other Rating Agency’s rating of any series of MRP Shares.

  • Single Asset Entity means a Person (other than an individual) that (a) only owns a single Property; (b) is engaged only in the business of owning, developing and/or leasing such Property; and (c) receives substantially all of its gross revenues from such Property. In addition, if the assets of a Person consist solely of (i) Equity Interests in one or more Single Asset Entities that directly or indirectly own such single Property and (ii) cash and other assets of nominal value incidental to such Person’s ownership of the other Single Asset Entity, such Person shall also be deemed to be a Single Asset Entity for purposes of this Agreement.

  • Borrowing Base Properties means the Oil and Gas Properties of the Loan Parties included in the Initial Reserve Report and thereafter in the most recently delivered Reserve Report delivered pursuant to Section 8.12.

  • Acceptable Counterparty means any counterparty to the Interest Rate Cap Agreement that has and shall maintain, until the expiration of the applicable Interest Rate Cap Agreement, a long-term unsecured debt rating of at least “A+” by S&P and “Aa3” from Xxxxx’x, which rating shall not include a “t” or otherwise reflect a termination risk and is otherwise reasonably acceptable to Lender.

  • Consolidated Total Tangible Assets means, as of any date, the Consolidated Total Assets as of such date, less all goodwill and intangible assets determined in accordance with GAAP included in such Consolidated Total Assets.

  • Eligible Assignee means any Person that meets the requirements to be an assignee under Section 10.06(b)(iii) and (v) (subject to such consents, if any, as may be required under Section 10.06(b)(iii)).

  • Intangible Asset means any asset (either as a single or as a batch) without physical substance but which is identifiable and controlled through custody or legal rights, for example, most commonly (but not limited to) software licences, quotas, patents, copyrights, franchises and trademarks purchased, donated or developed together, which cost more than the Capitalisation Threshold; and has an economic life of twelve (12) Months or more; and is purchased, developed or maintained wholly or partially using the Grant;

  • Intangible Assets means assets that are considered to be intangible assets under GAAP, including customer lists, goodwill, computer software, copyrights, trade names, trademarks, patents, franchises, licenses, unamortized deferred charges, unamortized debt discount and capitalized research and development costs.

  • Borrowing Base Property means Eligible Property and/or Commercial Land that the Administrative Agent has agreed to include in calculations of the Borrowing Base pursuant to Section 4.1. A Property shall be excluded from the determination of the Borrowing Base if at any time such Property shall cease to be an Eligible Property.

  • Borrowing Base Assets means a collective reference to all Borrowing Base Assets in existence at any given time.

  • Qualified facility means a permanent facility within this state equipped for the production of motion pictures, television shows, or digital media production that meets all of the following requirements:

  • Replacement Liquidity Facility has the meaning set forth in the Intercreditor Agreement.